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At the heart of a company’s modern-day social contract is its purpose – a call to action that explains to its stakeholders why the company exists, what it stands for and why the world is better off for its existence. In the simplest terms, for sustainability to be embedded in the business strategy, the company needs to understand how it creates value for its stakeholders in the short, medium and long term by delivering on its purpose and by consciously prioritising people, planet and profit.
At the heart of a company’s modern-day social contract is its purpose - a call to action that explains to its stakeholders why the company exists, what it stands for and why the world is better off for its existence. In the simplest terms, for sustainability to be embedded in the business strategy, the company needs to understand how it creates value for its stakeholders in the short, medium and long term by delivering on its purpose and by consciously prioritising people, planet and profit.
Read our exclusive cover story titled GREEN GOVERNANCE - ARE YOUR ESG PRACTICES GEARED FOR SUSTAINABILITY, RESILIENCE & VALUE CREATION? by Esha Mansingh, Executive Vice President Corporate Affairs & Investor Relations, Imperial Logistics and co-chair World Economic Forum New Champions SA Chapter and Lauren Rota, Vice President Group Environmental, Social & Governance, Imperial Logistics, as well a host of other topical management articles written by professionals, consultants and academics in the October/November 2021 edition of BusinessBrief.
To date, policymakers, regulators, the scientific community and even consumers have had to step in to close the economic gap between the hydrocarbon energy system and the low-carbon system. This transition is an energy system transition, not a supply-centric one, and it is distinguished by placing decarbonisation at the core.
Change is everywhere in the business services environment right now, as companies try to establish what the future of work will look like. And in many senses, the old business rulebook has been ripped up and thrown away, bringing so much into question.
Micro living or micro homes are certainly not a new concept. They have been a growing trend in New York, London, Berlin and various other iconic cities across the globe. Micro-apartments offer smart living, luxury and social spaces at an affordable cost.
The idea that every morning office workers wake early, jump into polluting cars and overcrowded trains, and travel many miles to their place of work will soon seem inconceivable. The pandemic has highlighted the fact, that it as a model that’s already had its day.
On May 18, 2021, the International Energy Agency (IEA) released ‘Net Zero by 2050: A Roadmap for the Global Energy Sector’, which outlines plans for the global energy sector to reach ‘net zero’ greenhouse gas emissions by 2050.
The Naspers Board is immensely proud of what our people achieved during the past year. They managed the pandemic, delivered powerful revenue growth and lifted profitability. Foundations were laid for future growth. The year ended 31 March 2021 (FY21) was an extraordinary period.
If we really want to encourage the ‘nothing wasted’ mindset, investing in a circular economy model must be taken seriously. Whilst still a relatively new concept, in Africa, this model offers significant opportunities to truly deliver far more inclusive growth for the economy and includes an increase in job opportunities as well as positive environmental practices - all of which is needed for sustainable growth - a dire need for South Africa.